Baisat Trade Center Once Linked to Kairat Satybaldyulu to Be Sold
Photo: Orda
In Almaty, authorities are preparing to sell a share in Baisat Wholesale and Retail Trade Center LLP, one of the city’s largest markets, Orda.kz reports.
The asset previously belonged to Kairat Satybaldyulu, nephew of former President Nursultan Nazarbayev.
The Asset Recovery Company announced that the auction is scheduled for November 18, 2025, and will be held on the E-Qazyna electronic platform.
The starting price is 28.6 billion tenge, and anyone registered on the portal may take part.
According to officials, the sale is being conducted under the national asset recovery program, with all proceeds directed to the Special State Fund for social projects.
Earlier, Orda.kz reported that CMRA had auctioned jewelry worth about half a billion tenge, allegedly seized from Satybaldyulu. In 2024, the Prosecutor General’s Office stated that as part of a plea agreement, he had transferred luxury goods and assets worth 783 billion tenge to the state.
These included luxury vehicles, real estate, business centers, watches, and rare coins.
Original Author: Dinara Bekbolayeva
Latest news
- South Korean Shareholder To Inject 4.7 Billion Tenge Into Kazakhstan’s Only Loss-Making Bank
- Tokayev Finishes Uzbekistan Trip With Focus on Trade and Environmental Cooperation
- Kashagan Operator Accused Of Stalling Sulfur Fine Pending Washington Arbitration
- Copper And Molybdenum Project Set To Launch In Abay Region
- Deputies Raise Alarm Over Chaos in Construction Licensing and Oversight
- Kazakhstan’s Tobacco Output Surges as Smoking Rate Holds Steady
- EAEU Waives Import Duties on Several Vegetables for Kazakhstan
- SpaceX Direct-to-Cell Service Still Awaiting Commercial Launch in Kazakhstan
- Kazakhstan To Require Near Real-Time Emissions Reporting From Enterprises
- Tokayev Says Elections to Kazakhstan’s New Parliament Will Be Held in August
- System Outage Leaves Foreigners Without IIN and Residence Permit Services in Kazakhstan
- Sowing 2026: What Kazakhstan Will Plant and How It Will Pay for It
- What Higher Foreign Labor Hiring Rates Could Mean for Kazakhstan
- First Soyuz-5 Launch From Baiterek Expected Soon
- Gas Went Up Despite A Tariff Freeze In Southern Kazakhstan
- Kazakhstan Expands Military Spending With A Focus On UAVs
- Who Is Now Protecting Investors In Kazakhstan
- No One Was Punished For LGBT Propaganda In Kazakhstan — Ministry Of Culture
- Can Kazakhstan Really Send Green Power To Europe Through The Black Sea?
- Why Kazakhstan’s Army Is Struggling To Win Over Young Recruits
